On the last business day of the week, the price of diesel rose again. Oil companies on Friday increased 15 paise in the country's capital Delhi and Kolkata, while 16 paisa per liter in Mumbai and Chennai. After this increase, the price of diesel in the four metros has increased to Rs 66.34, Rs 68.75, Rs 69.59 and Rs 70.13 per liter respectively.
Let us tell you that after 9 days of stability on Thursday, diesel prices had increased. In two days, the capital of Delhi and Kolkata has become expensive by 30 paise per liter. At the same time, the price of diesel in Mumbai and Chennai has increased by 32 paise in these two days. The increase in diesel price is expected to increase freight. If this happens, the price of goods and services will increase, especially the inflation of essential commodities will increase further.
Petrol Price
However, there was no change in the price of petrol for the third consecutive day. According to the website of Indian Oil, the price of petrol in Delhi, Kolkata, Mumbai and Chennai remains the same at Rs 74.63, Rs 77.29, Rs 80.29 and Rs 77.58 per liter respectively.
According to Anuj Gupta, deputy vice president (currency and energy research), Angel Broking, prices of petrol and diesel may increase further in the coming days as the international market is witnessing a steady rise in crude oil prices. The benchmark crude oil Brent crude price has risen nearly six dollars a barrel this month. On December 3, 2019, the Brent price was $ 60.82 a barrel on the International Futures Market Intercontinental Exchange, which rose to $ 66.61 a barrel on Friday. .
